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NAURA (North Huachuang) announced plans to acquire a 9.49% stake in Xinyuan Micro for CNY 1.687 billion, and intends to further increase its holdings to gain control. Both companies are semiconductor equipment manufacturers.
“NAURA said in the announcement that in the semiconductor equipment business segment, NAURA Group's main products include core process equipment such as etching, thin film deposition, furnace tube, cleaning, rapid annealing and crystal growth.”yicaiglobal.com
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